- Also Begins Incorporating MSCI Research Ratings And
Analysis Into Significant Multi-Strategy Client Mandate With Focus
on Fixed Income and Long-Short Investments
NEW YORK, Sept. 10, 2013 /PRNewswire/ -- Mariner Investment
Group, the global alternative asset manager, today announced that
it has become a signatory to the United Nations-supported
Principles for Responsible Investment (PRI) as of August 22, 2013. Mariner also announced that it
has begun to incorporate environmental, social, and governance
(ESG) research, ratings, and screening tools developed by MSCI,
Inc. (NYSE: MSCI), a leading provider of investment decision
support tools worldwide, into the investment decision-making
processes for one of the firm's more significant multi-strategy
client mandates. Mariner is one of the first alternative asset
managers to use MSCI ESG Research and analytics to analyze fixed
income and long-short investments.
The United Nations-supported PRI Initiative is an international
network of investors working together to put the six Principles for
Responsible Investment into practice. The PRI Initiative has
quickly become the leading global network for investors to publicly
demonstrate their commitment to responsible investment, to
collaborate and learn with their peers about the financial and
investment implications of ESG issues, and to incorporate these
factors into their investment decision-making and ownership
practices.
"We are excited to become a signatory to PRI and consider this
an important and appropriate step for our times," said Bracebridge
Young, Mariner's Chief Executive Officer. "Our investors are
increasingly taking into consideration the environmental, social
and governance implications of their investments in portfolio
allocation. While we're still in the early days, we believe that
adhering to these principles and incorporating them into our
investment decision-making processes will enable us to achieve
better risk-adjusted returns for our clients over the
longer-term."
Mariner also announced that earlier this summer it began
subscribing to MSCI ESG Portfolio Analytics, a tool that enables
the firm to integrate MSCI ESG Research's analyses into its
investment decisions for Mariner's oldest multi-strategy client
account. Previously, ESG tools had been primarily used to analyze
equity positions, but MSCI ESG Research's tools will enable Mariner
to analyze the ESG characteristics of its fixed income and
long-short investments.
"With the assistance of MSCI ESG Research's ratings and
analytics, we now have a platform that allows us to report back to
clients with clarity at the position level about where particular
fixed income and long-short investments fall on an ESG ratings
scale," said Mr. Young. "In the past, you could consider PRI
principles, but there was opacity as to how those principles
actually carried out in a portfolio, particularly anything outside
of equity positions. Our ability to consider ESG data as a factor
in making investment decisions will enhance our processes, and we
look forward to working with MSCI ESG Research to explore ways to
incorporate ESG analytics and develop new products that can provide
the industry with useful data intelligence."
About Mariner Investment Group, LLC
Mariner Investment Group, LLC, is an SEC registered investment
adviser and manages approximately $10
billion of assets together with its associated advisers
consisting of several direct and affiliated single and
multi-strategy hedge funds, funds of funds and other alternative
investments services. Founded in 1992, Mariner and its associated
advisers employ approximately 235 people in New York, Boston, London, Tokyo, Seoul,
Philadelphia, Harrison (NY) and Rowayton (CT).
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